Tate George on trial for wire fraud

Discussion in 'NBA General' started by truebluefan, Sep 19, 2013.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

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    A former NBA player best known for his 1990 NCAA tournament buzzer-beater for Connecticut is on trial in Trenton on federal charges of wire fraud.

    Tate George is accused of carrying out a Ponzi scheme from 2005 to early 2011, netting him $2 million. He has denied wrongdoing.

    Prosecutors say George used money investors sank into his purported real estate firm to pay previous investors or for home improvements and personal expenses.

    Read more http://espn.go.com/nba/story/_/id/9...ba-player-uconn-huskies-star-trial-wire-fraud
     

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